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tv   Book TV  CSPAN  April 16, 2011 1:00pm-2:00pm EDT

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out because under the presidential document release assassination release act a few years ago, they finally started release papers on the kennedy assassination. and in those papers were detailed descriptions of operation amword. >> [inaudible] >> no. this happened after the bay of pigs. but it was a clear plan by kennedy with individuals in cue pa, in fact, individuals high up in the cuban government to carry out this assassination. of. ..
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basically this guy is guilty. you guys go deliberate. and in the first trial they came back and said, no. they had a second trial, same judge. they found him guilty. didn't have a single blemish on his record at all to the point. the holes bang. completely railroaded. >> how long did it take to get your information? >> well, i usually say 57 years.
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in many ways these are stories we had all our lives that we had to step back and the program from. actually about two-and-a-half for three years of this kind of digging, digging, digging. again, you know, the bushes started to grow and drive its own marriages. so it's kind of out of my control. it took about that long. >> where is it? >> you can get it on line, of course. you can get it at city lights as well as amazon. the bookstores. we are on a second printing. and so it will be available.
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and unfortunately i left my copy. i was putting it with me in the car. rushing to get on to the train. you can see from the picture with the book looks like. the cover is from their very famous photographer and johnston who took pictures of many famous african americans, booker t. washington and people like that. this is from 1898. the easter egg hunt started under president hayes. initially it was the capital. but then they started complaining about the kids tearing up the grass of a devore. they moved it to the white house. it became one of the few venues by 1898 where you had integrated public events. and said that is why we have the black child and the white child together because outside of an easter egg, on the grass,
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segregation was pretty. this was two years after they ferguson decision which basically said segregation is legal across the country. anywhere anybody wants to implement it. two years before the last black member of congress was going out. there will not be another one for another three decades. any other questions? comments? >> this is a personal question to you. i notice that your wearing your wedding band. how did your family deal with you during the process of gathering all your information? i assume a lot of time was taken out. >> yes.
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i try very much to have balance. i have a 22 month old son. so during the time i was writing this he was really young. and so, you know, i have to make sure i take time with him. it wasn't as much as he was demanding my time as much as i was demanding his time. you know, it's like my kid. i want to play with them when i should be writing. you know, i want to help him try to walk what i should be getting. so you try to have balance. in no, it's demanding. in no, at the end of it the brega side of relief before you move to the next project. you know, that's what i do. and, you know, working closely with my editor, working with other people, you know, sending out people to read.
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the collected works as well. >> two quick things. one on policy versus ferguson. one of the things the surprise me when i read it was that ferguson, the makes of which one is which. there's been a black man. what i didn't know and looking back at the was the reason why that case was so important. the person is declared inferior. that shocked me because in a lot of class and the talk about policy versus ferguson, but not the ugliness of the color, you know, controversy that is with us. that last thing. what is your next project?
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>> well, i actually have several. i am working on a book looking at the intersection of jazz and international politics. it is basically looking at how over the century of jazz how it has been appropriated and become meaningful in countries around the world. and i've been about 60 countries. there is pretty much know where i have been weather hasn't been a jazz culture of some sort. i was telling somebody the other day, and it's another whole other story. i was in north korea. the north korean marching band was playing some jazz. there were doing like the a trainer something. and just kind of all over the world. so what does that mean? you know, how are the processing that? do they see it as american music
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or do they see it as black music? do they see the roots of it are to they see it as blending in with the music, a challenge to their music, a hybrid, pure, all of those kinds of questions. i teach a class periods of these courses we explore in my class. there is not, again, a comprehensive work that allows us to see jazz particularly using the concepts of international relations. americanization, liberalism, capitalism, all those terms in ways to understand how jazz exists. and then i'm working on a book also looking at what my colleague and i called disaster capitalism and its impact on march allies communities in the united states. there is a lot of good data that has come out that really kind of draws the link that what is happening locally in our
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communities really is embedded in these macro economic changes that are going on. this is one of the issues. i think, for example, around egypt. mubarak meets to go. mubarak, the political corruption of that system is to change. short of all of that its tied to the global economic structure. it's really the restrictions that at this point don't matter who is in there. in less -- the mitt reason that many people are rebelling, they're getting educated. there are no jobs available. those are really tied into a great degree to this global structure. and so a book on that. and i'm also looking at post racial blackness in asia and looking at the experiences of
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people of african descent and a number of different companies -- countries, japan, korea, and china in particular. i'm going to china later. going to do some research. okay. now. some of the stuff i'm working on. >> your research concerning task and i hope you take the time to read a periodical that was called freedom waves. >> yes. >> it was excellent. this article of one of my favorite writers. it was written in 1980. wil jazz survive. at think it is a must read. freedom waves, 1980. in terms of post racial blackness you may want to check out a site. there is a historian. room ecotage a sheet who specializes in the african presence in asia. i had the pleasure of meeting him when i was a young student
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at city hall and going to is website. i don't know where he's going to be in new york. always traveling throughout the orient. local rashid. that is pretty much his research, the african presence in japan, china, except for a. hopefully may be down in the d.c. area. so that's my gift to you for a very enlightened afternoon. >> okay. thank you so much. >> i would absolutely follow-up. >> hi. my question is in what ways to you think you can project this vital piece of information to the younger african-americans jack the up-and-coming. so for what medium to you think you could projected to?
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>> well, apparently i have to do facebook. the internet. it is a very different way of publishing. it has become inevitable and inescapable. and so i'm working with my publisher. they put up facebook pages and internet pages, but i am also thinking about this as well in terms of this exact question you're asking, how do we begin to reach through the medium that are available now to the kind of audiences that are necessarily going to pick up a book. and it's not that bad a deal. you know, people are going to get information in different ways. how did you accept that and break for us older guys the mold that we have been comfortable land but really become more
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modernized. and so i think, you know, i am exploring that. i have been writing edition articles that have gone up on the internet. i don't really have a block. i have things that have been blocked, but i don't really have a block site itself. i need to of work on that. you know, i'm counting on my 22 months old to deal with this. i have an ipad which he uses more than i do. so i suspect a couple years and i can just ask him how i get this to work. so that's the deal. that's the question. i think there needs to be avenues as well as for young people to have these kind of into changes and interactions, kind of a generational it. and we have -- when i say we particularly and digging people
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my age. we have to be all that conscience of creating these mechanisms and vehicles for which we can have these kinds of into changes as institutional cannot just as sort of a one-shot deal, but as things that are ongoing. ball across generational dialogue and discussion and debate. >> i'd like to know a little bit about your journey as a writer. the seed of it all when it began, when did you find out that you were a writer, and how did that all come about. >> okay. actually, i don't think of myself as a writer. i write books, but i don't think i'm a writer. at think tommy morrison is a writer. they are writers. actually it started for me in the 1960's. i grew up in detroit. in 1967 we had the race riots in
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detroit in july. it actually started a few blocks from my house. it was really, really hot. ninety-five, never 7595, 97 degrees, really, really hot. everyone was out in the street. the mother and my sister and i walked about a block or so down to the main avenue where basically all of the action was going on. we had been there for a very short while and then this car drives up. take out a shotgun and start firing at the court. everybody gets shot except for me. my mother gets shot, my sister gets shot. fortunately they both survive. the injuries turned out not to be really, really serious. this was like -- i was like 12. now, in reaction to that the
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city started building community centers and they really were trying to figure out how do we not have this repeat itself again. actually, it happened the next year when martin luther king was killed in detroit. one of the cities that exploded. what happened in the and from what the people who were my age were taken off the streets and put in these communities centers. we were learning to do all kinds of committees services, one of which was put in our community newsletters. and so this is where i really learned to write. the people herbert during this, you know, your subject and verb should agree. he should make some sense in this newsletter. and so this is where i really began to say, no, yakima. does have some utilities. that is where i really began to write. i never thought of it as a career.
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i was an undergrad major in communications but not journalism. my journalist teachers kept asking me to go into journalism. i kept refusing. so i never in that sense of myself as a writer, but i've seen riding as mine means to try to have an impact. if i could sang, if i could triple, a local man, i would be standing here. but given that my talent is literacy. so, you know, that's what i do. that's my journey. and then basically there has not been a time when i haven't been writing. i've had many, many other kinds of professions. yes. >> barack obama,.
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[inaudible] >> now i think the image of michele bama and barack obama is as powerful an image as a newer and the world. everyone knows they are basically unassailable. they have integrity, the love of the family, the bonding, just kind of jumping off the screen. right. and that, i think, is a embedded image that this country is beating for decades. the way in which the black family has been demonized throughout american history, the way black women have been
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demonized for black history, the way black children have been demonized for black history, all kind of common sense. the romanticism. really is. this is a real family that has to go through a whole lot. what they are going through, the kind of death threats and the things that they get that we aren't even privy to the their living with every single day and we will be living with the rest of the day's. their commitment. they are like, we want to change this country and move it in another direction. that is where it is. you know, i thought the best thing was speaking chinese. you know, the premier. you know, that is just an amazing image. you know, but it also is reflective of their parity and their sense of education in the 21st century. it really is more than just what
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we thought it had been. really is about internationally and globally thinking and repairing yourself. >> do you intend to document it? >> it is not within my realm. i don't know. i figured there are -- the subject in the book really does warrant in many ways visual expression. so i don't know. but i think these stories, there are a lot more. it really is kind of fascinating. would be something i would love to see up on the screen. >> written a book. to be started before the current president was elected?
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>> my idea started before. again, in 2007 when barack obama started to explore being president and all ready became a really kind of electric idea. once he announced at the beginning of 2008 than -- i guess it was 2007, then it was a story to follow. even if he didn't win. it represented big departure from the jackson campaigns. those have been important, but those were built on the chisholm campaigned. it is a building process that is going on. obama steps out there. remember, when obama announced it was the day's that finally having his annual state of the black country thank, whatever
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that was. right? and there were some displeasures that obama announced in illinois, in springfield where lincoln had announced basically. not and -- a think there were in north carolina. i'm not descanting you guys, but what i'm saying is i'm running for president of the whole country which includes you guys, but it includes everybody else. the message i'm sending is we are in this to when it. we are and this to represent the interests you're having at that meeting that the interest they are having at meetings and arias in l.a., get us in taxes, all of the country. and we are going to go on this road. already you get this kind of departure that as political scientists, and then you start receiving changes in the polling
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from of crawling majority support for hillary clinton by the black community. start shifting toward obama. and part of it was when he won in iowa but i think even beyond that the shift was already happening because people were seeing something very different, and he was of the black candidate, he was decanted too was black who was ready to profile the issues. and particularly in the post bush atmosphere it was really kind of significant. even before he was elected, you know, i was starting to of try to get a handle on who is this guy and what does he represent politically that may be different. >> the reaction to his presidency comes from a very
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impoverished. fourth grade education. when he was elected it polarized the country. the southern part of brazil which is disproportionately white and portuguese, said that we are not going to have this lower class uneducated man representing the country. he lost all of the things from the south. but the north which is historically been marginalized, said, we are absolutely glad. represents the working people. and so he won. and when he won he began to bring changes. listed millions of people out of poverty. has made improvements in the country. now, all of that has not necessarily rebounded to the average brazilian population. some of it has and some of it hasn't, but that is the story to
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be told. it parallels the obama's tenure. the question is obama, to be two years or is it going to be eight years? two more years or six more years? so if obama gets reelected this book is on hold because it is still basically, the book is not -- obama's book is not complete yet. so it is basically waiting to see what happens. already as we know the surgeon public racism and the last two years as unprecedented. things we thought were in the past are manifest on a daily basis. whether it's the kind of race and rhetoric we hear from back in limbaugh and all of those to leaders of the republican party. of the stuff that is out there. so all of that has to be processed at some point. again, i'm thinking of it to some degree in comparative terms.
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>> other questions. thank you very much. thanks for coming out on this day. [applause] [applause] >> we would like to hear from you. treat us your feedback. twitter dot com / book tv. >> let us return back. not child, but not an adult. i see him as the result of ford huge shifts. first, free adulthood. a decade or more of a single life devoted to work and self exploration. women also spent years in pre adulthood. the single years of the '20s and '30s, but here is the difference. women have the advantage, miserable as it sometimes makes them, of knowing about biological limits. the large majority of women and men said they want children. that is what the surveys consistently say. for women his fertility begins
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to decline by the time they're 30, that means that they will not be able to play or work without serious distraction for very long. even those who are unsure whether they will have children know that the decision alone imposes boundaries on there. delta. men don't have these pressing limits. they can take their time, and they do. the second is a highly segmented and uncensored media environment. in the past can men have never paid much attention to television and magazines. the media and turn have trouble figuring out how to reach that young her male demographic. by the mid-90s they found each other and fell in love. we get maxim magazine, cable news network poor health with movies also discovered a formula for attracting and veils. car crashes and cyborgs. an embarrassing bodily fluids. exposed female body parts.
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one of the most successful guy table channels as calls spike that came on the air in its current guys in 2003 with three runs of star track and the original show called bay punt. contestants try to detect the difference is into almost the identical pictures of nearly naked women. i'd try to find an image to show you, but i would have gotten kicked out of the harvard club. the third regent -- we have the to have mentioned so far. the third reason is the mill and dependents. the young man reaches the age where in any other history he would be defining himself as a potential husband and father. the understanding that he has a clear and important social will. today provider husbands and fathers are optional with reproductive technologies of women such shoes. they can simply by sperm and forget about the man who delivered it.
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meanwhile idea men have seen fathers and uncles discarded by wives, cast out of their home and separated from their children. no wonder they look around the culture, shrugged, and do their own thing. >> you can watch this and other programs online at booktv.org. next on book tv, "why obamacare is wrong for america." the co authors present their criticisms of the recently passed national health care legislation in a panel discussion at the first amendment lounge in washington d.c. for a little over an hour. >> good morning. i'm president of the galen institute, and that like to welcome all of you here. did you for joining us, and i want to welcome our live web cast audience and also welcome our c-span viewers today to our launch event for "why obamacare is wrong for america." it is a important new book
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published by harper collins available in bookstores across the country and also you can order it online at our dedicated website, the wordbook in there. wrong for america book dot com. the book is a collaboration of me and coat authors jim cooper of the of the ethics and public policy center, tom miller of the american enterprise institute, and bob moffett of the heritage foundation. it has really been a wonderful collaboration. i want to thank also our editor at harper collins and are publicist, our editor and the bell and our publicist joy the picture as well as a terrific team and all of our think tanks that really helped us so much and are really helping us to make sure people know about this important new book. it really was a pleasure and a remarkable pleasure to work with
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the four, the four authors, three co-authors and myself to put this book together. it is not a collection of chapters that each one of as road and to individual ownership laws. this was a scene was booked. we really wanted to tell the story of what obamacare is going to mean for the american people, how it's point to affect families and young people and seniors and employers and employees and taxpayers and citizens and most importantly doctors and patients. and the book is written to really help people understand. this is not written by policy, but really an accessible book for people to understand what is coming with this law. i'll be talking a little bit about the overview. my co authors and i will be each talking about individual parts of the bell. and to lead us off i am absolutely delighted to welcome
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our longtime friend and colleague bill kristol, currently editor in chief of the weekly standard, a commentator on fox news, former chief of staff for vice president dan quayle and a true freedom fighter who has been in the trenches with us for of longtime also on health care. bill and i first really got to work together, the 1993-'94 health care debate under the then hillary clinton proposing probably actually at this point is much less aggressive form of health reform that has been enacted now under the obama administration. bill was doing a really remarkable, the master of the fact that the time, which was the latest technology to help people understand what was really in-law. and it is really thrilling and a pleasure to have him here today to talk of little bit about
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where he sees the politics of health care today. beckham and thank you so much for what you do. [applause] [applause] >> thanks. thank you for inviting me to join you. appleby here briefly. i have an apartment and going to have to run off to. i wanted to come partly because of such a fan of this book. it is really an excellent statement in the case against obamacare which is the correct case. also suggest the direction one should go once it is repealed. the published an awful lot on obamacare in the weekly standard. at one point he said why don't you publish a collection on obamacare. i said, well, look credibility of it. these are discreet articles. i think there is a limited market. people deserve more coherent explanation as to where we stand now that the law has been passed
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and is allegedly being put into effect or planned to be put into affect. the great thing about this book, it really does, it is a book, not a collection of different articles stitched together. i'm amazed that four people could get together and produce such a seamless work. it is a tribute that they did that. so i want to come here to beckham and the book. obviously what strikes me also about the book, a good book, but it is about a live issue. most books about public policy are either about what should be done in the future which is fine command those are interesting books. of course they suffer in the sense because they have one set of proposals and there are 25 others. what ends up happening in the legislation is some combination of a bunch of ideas. the need to step back and say what did happen and how does it relate to all the different articles and books. one waits until something is passed and then one starts
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analyzing it. maybe one can tweak with of legislation later on, but that is a retrospective look a public policy. this is a very unusual moment. one reason this book is so relevant and important, the legislation passed. it is concrete and their. god knows how many pages of it. all the subsequent regulations that are falling and will flow. it is there an law, so it is something real and concrete it can be analyzed, not speculative, not a look like there going in this direction. yet it is not a done deal. up for appeal. it can be appealed and will be repealed if republicans win the presidency in 2012. what has been striking over the last year is how little, no increase in support, no wavering in the determination of the republican party. even a few democrats, the determination, no wavering in the determination of the republican party to repeal it. all the major presidential candidates and some openness on the partisan democrats to
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substantially modify it. it is calling to be a central issue pretty pretty unusual in american politics to have a huge piece of legislation passed and then the issue and its fate of still up for grabs. so i think this is one reason why this book is not a backward looking book, not a here are some ideas with a future book. it is a billion port study of something that will be at the center of our national debate. it's up for grabs because this huge piece of legislation passed on a purely partisan vote which is extremely unusual in american history that makes it accessible to challenge. there have been in a sense to national of elections in which health care was an important issue in the second case. first two dozen that were president obama defeated senator mccain. he did have a very different view of how we should reform health care. he wind. the democrats won congress pushing this through. it became a huge issue.
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republicans won a huge victory running against obama care. we have had one election on the side. 2012 is the match. probably will determine the future of health care. this is really an unusual woman in american politics and public policy developing and a much more messy and incremental sort of to step forward, one step back way. that is the history of health care legislation over the last 20 or 30 years. we have one of these rare moments where there is a fork in the road that is substantive the important. healthcare is a huge issue. 16% or so of gdp, 30 percent of the federal budget and really two different visions of how to reform it. this is not one party is for doing a little more and one party is for doing a lot more and the san direction. this is not one of these cases with the parties have one party with ideas a, b, f, g, and the other has become a messy, g and
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h. this is to fundamentally different visions of the way that we should go on this important issue, very important to the future of health care, very important to the future and size and scope of government. citizenship and self-government and the whole way we think about the relationship of individuals in the private sector to the federal government in this country. it's a pretty unusual moment to have sucked a big issue and the balance of for a year-and-a-half. a huge congressional and national debate about the. a concrete piece of legislation that one should look at and judge. it will be argued about and voted on a year-and-a-half from now. so it is substantively important, politically important, politically and the balance. here we have a book that helps us understand it. so i just wanted to come and command the book and thank the authors for the service to have given us. that is the final point.
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i repeat. people underestimate how important health care will be in 2012. it is the central piece of legislation in the sense that the obama presidency is the one that also is most a matter of choice. the stimulus, you know, and a recession. we had to do something. republicans also. the one more targeted. and that think that will be an issue. it doesn't have the kind of. health care was something you didn't have to do that particular emergency. now let the bailouts of the stimulus or even dodd frank where there was arguably a huge financial crisis. had to do something or people thought you had to do something about the banks and financial system. this was a matter of choice on the part of the president of the democrats in congress proposing it was a matter of choice. the could have gone along. they certainly have in the past with plenty of democratic pieces of legislation.
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so this, in a sense, really tells you more about the governing visions of the two parties and of the two major political philosophies and america than most other issues to. it is unusual in that respect. the president chose to make this his signature priority. they chose to force it through on a party vote even after losing the scott brown election in january of 2010 when they could have easily had an excuse to back off. it's there. it's law. if the president is reelected in 2012 the democrats would keep control of the senate and gained seats in the house. it would be hard to repeal it. if there is a new president or republican president and republicans maintain control of the house and other chemicals or when the senate at think it would be pretty easy to repeal. unlike in '93 and '94, we put together in the fight against the clinton health care proposal, that failed. that was off the books by 95.
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he signed will care to cut welfare reform. president obama proved to zip through tons of issues and probably should be praised for doing so. so at the end of the day this is a signature piece of legislation pitted is on the books. he can't tinker with it too much. republicans are going to repeal it. it does not provide a contrast, real choice, not an echo for the country between the parties, between the president took and its. again, this is pretty unusual. most of the time in american politics it is monday. the policy consequences of an election of less clear. this is the case. rihanna central piece of domestic policy legislation. the president and speaker said was their central piece of legislation he get to the holes a year-and-a-half from now and this book will help voters
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understand what is the stake, help them think about the problems with obama care. you will be surprised to know it is not entirely dispassionate. it is objective. it is not neutral. he might not be surprised to hear. they went for subtle see on the title. but it is truth in advertising. no point in being coy about this. it is a huge issue. this is an honest critique. a compelling critique of obama. in the final chapter it lays out -- likely, more than likely, very likely the way in which republicans would go about replacing obama care if it were repealed. it really gives citizens and voters a sense, i think, of what is a stake in with the real choice is in 2012. thank you for having me here. i'm going to run off to my apartment, but good luck with the rest of the session and the book.
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thanks. >> thank you, bill. on behalf of all of us that was a wonderful introduction and thank you very much for your compliments about the book. again, for those of you just joined us, i am grace-marie turner. i will be introducing each one of our speakers and co-authors as they speak. i just want to reinforce pills point. we did not take an unequivocal stand, but a really substantive and that the well-documented and well sited stand about why obama care is wrong for america. in case anybody was confused, the title is how the new health care law -- i don't have my glasses on. drives up costs, but government in charge of your tauruses and threatens your constitutional right. so how's the new health care log
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drives up costs, but a government in charge of your tauruses and threatens our constitutional right. in case everybody was wondering bird rested with the title, we know where we ball. it is because we understand this loss of well. we not only saw the debate leading up to it, we have seen the debate over the last several decades. this real contrast that bill was talking about between two different visions of where our health care system is going. the health center is one sixth of a capitalistic economy. yet we are trying to put this one sixth of our economy under a different system, a different system of rule. and i think that is really where the differences and where that -- why we felt we needed to help people understand when you live under a set of rules in which 2800 pages of legislation and likely tens of thousands of
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pages of regulations that will be written to comply, it is a very different world from the rest of the economy. we do have a chapter in the book talking above all we should do instead. we could have written a whole book about that, but what we needed to do was help people understand first what is coming. a lot of people have thought, you know, the house hasn't voted to repeal the spirit it has been declared unconstitutional and several courts. it is being challenged by the states, 26 states. what is the big deal? and especially when the president and others to talk about this legislation talk about some of the early provisions that were put into law to help people have something to talk about early, allowing 26-year-old to be on their parents' policy. creating new pools for people with pre-existing conditions.
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some of the insurance regulation, some of the provisions that allow -- that require health plans to provide preventive care with no cost to the consumer. those were designed to try to help people think about this law in a more friendly way. is a freight train coming at us? it is in law. 2014. this law, most of the provisions are going to take effect. we are going to see over this -- over the course of this ball, obama care is actually, if it is allowed to stand we are going to see half a trillion dollars in cuts to medicare the reader going to see half a trillion dollars in new taxes just over the next ten years. you are going to see 20 million people added to the medicaid program which already is not able to sustain and take care of the people on the program today. you're going to see mandates on
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individuals to purchase health insurance, and this is likely to be for many people the first or second most expensive thing in their family budget. about 110 million people may think that they are eligible for subsidies. when the congressional budget office scored this they said that only a fraction of that number are actually going to get subsidies. employers already started to have second thoughts. they were told, you know, support this health legislation and then you will be more competitive internationally because you won't have this burden of health costs. we all know that there was no place else. they weren't calling to get off the hook. and fat, they are going to be paying more. the rules and regulations there going to have to follow in order to provide that health insurance are going to be even more rigorous and strict than the flexibility that they have not to figure out how to balance their resources with their cost.
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of course we see the state absolutely crushed under the budget demands that they have now. a recent study, i believe the senate finance committee and the energy and commerce committee in the house showed the states are facing more than $100 billion in additional cost. the they cannot afford it. so the country can't afford it. businesses can afford it. individuals can't afford it. here we are talking about entitlement reform while we are creating to a massive new entitlement programs. so jim can pretty is going to talk with us about the budget impact and why it is that this law stretched the rules so far to try to get this through. the reality of what is coming is really on a -- a incontrovertible. it is going to happen.
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currently a scholar and ethics that the public policy center and director of obama care watch is an expert on budget issues. handling entitlement policy. the first bush to turn and before that he spent many years with the senate budget committee. so he really understands what the impact of this law will be, not from a political standpoint, but from a budgetary standpoint. it is going to affect all of us. i welcome you to the podium to talk with people about your perspective on what is coming. thank you all. [applause] >> well, thank you. i want to say, it has been a real pleasure working with all of you. i was very pleased to join this
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project. it was proposed to me some months ago because i saw a real need to do as bill said which was injected into the conversation and accessible book that explains the new law in ways that the engaged citizen can find out what they need to no. so we have chapters in here on a number of different groups of our country, young people, senior citizens, taxpayers, employers, doctors, people with health conditions. so all of these things are impacted by the new law and by reading this book you can find out why it was the wrong approach and live ready to go in a different direction. when i heard what this book was about i was pleased to be a part of it. let me just talk for a mad about to groups that are discussed in the books. taxpayers and senior citizens.
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one of the main talking point used by the president and still used by the advocates of a new law to try to sell it was, well, look. we will cover everyone in the country with insurance. your not going to believe it, but we're going to cut the deficit to. let's -- what's not to like? to everybody gets coverage. no middle class people pay more and the deficit will come down as well. above all, it's great all the way of round until you start digging into it. i try to figure out and explain if that is really going to be the case. when you stuck to dig a little bit you realize that it will be the case. this new law expose taxpayers to substantial new risks in terms of financing just at a time when the conversation is getting around to how we deal with the entitlement problems that we have not funded get. this new law will pile on top of the existing entitlement promises a bunch of new ones
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that can't be paid for. first let's talk about the class act. this was a provision that its to ride. sold as a long-term care insurance program for people with disabilities. $70 billion in deficit reduction. now, just in the last two months secretary sibelius' has brought into question whether or not it will produce anything at all. we discovered that this program is flawed. it is financially unstable, and we are not going to let it go into effect until reconfigure out how to make it work. there are a couple things. it was known that it would have this effect. they tended to anyway because it created the perception that deficit reduction.
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why is this program so flawed? it is bought because it creates the perception of deficit reduction because you collect premiums for ten years but no one becomes eligible for benefits. you have the time when no one can get any benefits. that creates the illusion of a surplus in the near term. the problem is that it is a program that will suffer from very severe adverse. that is an insurance term meaning that because it's voluntary more likely high risk people will be signing up by the end people with low risks. the premiums will be high. and within 15 to 20 years it itself will run short of money. the benefits will have to be cut to keep the program in line with the premiums that are collected. it is the exact opposite. it is something that will expose future taxpayers to the
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potential of another bailout because you're going to have these tolerable citizens signed up for a program that wasn't financed properly. of course the political response would be, hey, we should take care of them. let's have taxpayers pay for it. they created a new program here that is very likely to fall into the same trap as many of the program's seven the past. it will not be something that will improve the outlook for the federal budget. secondly, let me just mention that this do law has already in it very large tax increases that i don't think most citizens understand that there. according to the congressional budget office between now and 2035 the total tax increase from this is going to be about 1% of gdp. that is an abstract national term, but that is roughly another at least 5-10% increase in taxes associated with this in law. has already created a very large
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tax hike and brought back something that we thought we had got rid of a president reagan in 1981 which was bracket creep. you might recall -- you might recall that as inflation was high people were automatically pushed into higher tax brackets. this new law this the same thing. a new payroll tax that supposedly applies to people with just incomes above $200,000 a year for individuals, 250 if you're a couple. the income thresholds are not indexed for inflation. as time goes on more and more people. by 2030 this self -- those threshes will be the equivalent of 130,000. so the fact that the president says only rich people will be paid for this bill is simply not true. excuse me. finally, there is the impact on senior citizens. the remarkable thing that
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occurred last august rally did not get enough attention. the president the medicare trustees made a report on the medicare program. it is about it 300 page document. it is only in the last 2-3 pages that you really get to the punch line. the person most responsible for producing this document read a statement of actuarial opinion as he does every year. in this particular statement he basically said don't believe all the numbers that preceded the statement. this new health care law will make permanent perpetual cuts in payments to institutional providers such that they would fall well below what medicate place. as anybody knows about medicaid, rates are so low that the availability of services to those who are on the program is extremely constrained.
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you can't get access to care usually in many places if you are on medicaid. so the notion that you're going to take medicare as payment down to such a low level that it will be well below what medicaid is pained by the end of this coming decade strikes a lot of people as being not possible. so a very fundamental aspect of this law is we are going to pay for all this new entitlement spending by cutting medicare in a pretty arbitrary way. we need to reform medicare, but this is not the way to do it. they're doing arbitrary price controls. from that you get the -- you can already see that the political pressure will certainly bill to say we can do his. the present spending reduction coming from this large cuts in medicare is not going to materialize. that is what the chief actuary of the medical program said. the end result will be we will have a new entitlement program. there will be pressure for even more medicare spending and the
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deficit reduction that will promised was go way. finally, let me just -- this is my second finally, but really my last point. that limit is coming up for a vote again. lots of concern that the nation is piling up debts at a very rapid rate. we will have to raise the amount of the subject debt limit according to treasury estimates. now, what is the new law do to that subject the limit? it was promised that this law would actually improve our deficit outlook for taxpayers and not add on to the cost. when you dig into this you realize that in fact the new law even according to the very optimistic projections of the administrative side will actually speed up the raising of the debt limit because what it does is it piles a bunch of new ious into the medicare trust fund

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